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Arlecino [84]
3 years ago
12

Which of the following charitable contributions is not tax deductible? a. Time donated to a qualified veterans’ organization. b.

Clothing donated to a qualified veterans’ organization. c. Donation of a car to a qualified nonprofit organization. d. All of these are tax deductible. e. Cash donated to a qualified church.
Business
1 answer:
igor_vitrenko [27]3 years ago
6 0

Answer:

Time donated to a qualified veterans organization

Explanation:

The reason is that the company can only only deduct the products or services delivered which had cost the organization. The companies are not allowed to deduct the cost of time delivered however if the employee is specially paid to offer the services to qualified charitable institution then the charity would be tax deductable.

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Read more about costs of production

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1 year ago
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